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Mon, 28 Apr 2008
President: Fight against land speculators impeding development
I assumed it was officials with inside knowledge acquiring the desired land then negotiating a sale at vastly inflated rates.
Mon, 28 Apr 2008
President: Fight against land speculators impeding development
What is the definition of land speculation?
Mon, 28 Apr 2008
President: Fight against land speculators impeding development
Surabaya, East Java (ANTARA News) - President Susilo Bambang Yudhoyono on Sunday asked public and government officials to fight land speculators who have impeded the development of infrastructure facilities in the country.
Mon, 28 Apr 2008
PLN to fine suppliers for delayed coal deliveries
Jakarta (ANTARA News) - State-owned electricity company (PLN) is considering imposing a sanction on suppliers who delay their coal supplies to PLN, its president director Fahmi Mochtar said."A fine will be imposed as part of efforts to remind them on the importance of their responsibility for...
Mon, 28 Apr 2008
Foreign tourists to Indonesia up 30 percent
Denpasar (ANTARA News) - Minister of Culture and Tourism Jero Wacik predicted that the number of foreign tourists to Indonesia in the next couple of months will increase by 30 percent compared to last year`s rate of increase.
Mon, 28 Apr 2008
Australia`s Oxiana receives final approval for Martabe project in Indonesia
Sydney (ANTARA News) - Australian base metals miner Oxiana Ltd. said on Monday it has received final approval from Indonesian authorities for the Martabe gold project in the Indonesian province of North Sumatra.
Mon, 28 Apr 2008
Agency to audit groundwater use by businesses
The city mining agency will soon audit businesses that use both groundwater and tap water, agency head Peni Susanti said Wednesday.She said 3,655 businesses held agency-issued permits to use groundwater, 70 percent of which also had artesian wells.
Mon, 28 Apr 2008
Indonesian exports seen bouncing back in March on stronger oil and gas prices
Jakarta (ANTARA News) - Indonesian exports probably bounced back in March, after dropping slightly in February, helped by stronger oil and gas prices, economists said over the weekend.Exports stood at $10.53 billion in February, down 5 percent from theall-time high of $11.
Sat, 26 Apr 2008
Regional Autonomy Should Benefit People, President Says
Batulicin, S Kalimantan (ANTARA News) - President Susilo Bambang Yudhoyono said the exercising of regional autonomy (OTDA) powers and the creation of new provinces or districts should lead to clear benefits for the people and not be done only to imitate others.
Sat, 26 Apr 2008
Crackdown on Construction Near Uluwatu
Governor Beratha Warns Building Owners within 5 KM Radius of Uluwatu They Face Prison and Fines.(4/26/2008) Public complaints that villas have been built within a 5 kilometer "no-building" sacred zone surround Bali's Uluwatu temple, have caused Bali's Governor Made Beratha to request an urgent...
Sat, 26 Apr 2008
Plantation, mining booms give cement market a boost
The Jakarta Post , Jakarta | Sat, 04/26/2008 12:02 PM | BusinessThe cement market grew 17 percent in the first quarter, with eastern parts of the country recording the highest growth, a business executive says.
Sat, 26 Apr 2008
India Aggressive in Controlling Coal Market in Indonesia
Friday, 25 April, 2008 | 19:49 WIBTEMPO Interactive, Jakarta: Indian investors are more aggressive in searching for coal mines in Indonesia to meet the needs of the country’s energy sources. They are now competing to acquire coal producers from Indonesia.
Sat, 26 Apr 2008
Govt advised to raise fuel prices in June 2008
Finally some common sense, however, it may be unlikely as I cannot see SBY wanting to increase fuel prices for a second time in his first term of office...
Sat, 26 Apr 2008
Yudhoyono calls on banks to support small-scale businesses
Batulicin, South Kalimantan (ANTARA News) - President Susilo Bambang Yudhoyono called on the national banking industry to support small-scale businesses in the country with credits."I call on national banks to extend credits in huge amounts to people`s small businesses," he said at a function to...
Sat, 26 Apr 2008
Antam to start building US$400 mln alumina plant in Tayan, W Kalimantan
Jakarta (ANTARA News/Asia Pulse) - Indonesia's state-owned mining company PT Aneka Tambang (Antam) (JSX:ANTM) is set to start construction of a US$400 million alumina factory in Tayan, West Kalimantan.Based on the feasibility study, the cost of the project will rise to to US$400 million from an...
Sat, 26 Apr 2008
India`s Gail, Pertamina to cooperate in oil and gas business
Jakarta (ANTARA News/Asia Pulse) - Indonesian state oil and gas company PT Pertamina said it has agreed with India's GAIL Ltd (BSE:532155) to cooperate in the oil and gas business in the upstream and downstream sectors.
Sat, 26 Apr 2008
Govt advised to raise fuel prices in June 2008
Jakarta (ANTARA News) - The government must make a decision on fuel price hike as early as June 2008 in reaction to the surging global oil prices, an economist said."Whether we like it or not there must be a government decision on fuel price hike next June or the government has the guts to ensure...
Fri, 25 Apr 2008
Eco-friendly timber firms want incentives
Forestry companies producing eco-friendly timber pleaded at the Asia-Pacific forest conference on Thursday for incentives to help with rising operating costs while demand for sustainable wood-related products remains sluggish.
Fri, 25 Apr 2008
Singapore businessmen exploring investment prospects in Yogyakarta
Yogyakarta (ANTARA News) - A group of 30 Singaporean businessmen led by President of The Singapore Chinese Chamber of Commerce and Industry (SCCCI), Chuan Thian Poh, visited Yogyakarta on Thursday to explore business opportunities in the region.
Fri, 25 Apr 2008
Indonesia needs to develop alternative energy sources - observer
Padang (ANTARA News) - Indonesia needs to develop new alternative energy sources in anticipation of an upward trend in world oil prices, agriculture observer Asdi Agustar of Andalas University said here on Thursday.
Fri, 25 Apr 2008
Banking Loans Grow by 30 Percent
Thursday, 24 April, 2008 | 16:54 WIBTEMPO Interactive, Jakarta: Bank Indonesia (BI) has recorded that banking loans up until the first quarter of 2008 have grown by 30 percent.This rate is higher when compared to the targeted loans of 24 percent, and total disbursed loans amounted to more than...
Fri, 25 Apr 2008
Indonesia Can Endure Economic Upheaval
Thursday, 24 April, 2008 | 17:02 WIBTEMPO Interactive, Jakarta: Indonesia is considered still being able to endure the upheavals that have occurred in the global financial market.The International Monetary Fund (IMF) has stated that the financial sector in Indonesia is still showing good...
Thu, 24 Apr 2008
West Sumatra to export 30 tons of tuna to US
I once had some of the most delicious grilled cumi2 in Padang, they cooked it with lemon and some sambal .
Thu, 24 Apr 2008
NTS to invest US$1 bln to expand coverage area
Jakarta (ANTARA News/Asia Pulse) - The operator of the third generation (3G) telecommunication service PT Natrindo Telepon Seluler (NTS) said it plans to invest US$1 billion this year for the expansion of infrastructure networks building more base transceiver stations (BTS) in Java and Sumatra,...
Thu, 24 Apr 2008
West Sumatra to export 30 tons of tuna to US
Padang, W Sumatra (ANTARA News) - West Sumatra is to export, for the first time, 30 tons of tuna fish to the United States through Padang`s Bungus ocean fishing port at the end of April, a local fisheries official said.
Thu, 24 Apr 2008
Superstitious, religious overtones lure RI consumers
Originally Posted By: Piss SalonWhat a great article. Can it be moved to News, Opinion & Current Events?You couldn't write a better piss-take if you tried.1) Prefer immediate benefits2) Do not have long-term plans3) Like to spend time with friends and relatives4) Slow in adapting to...
Thu, 24 Apr 2008
Superstitious, religious overtones lure RI consumers
What a great article. Can it be moved to News, Opinion & Current Events?You couldn't write a better piss-take if you tried.1) Prefer immediate benefits2) Do not have long-term plans3) Like to spend time with friends and relatives4) Slow in adapting to technology5) Prefer context to content6) Like...
Thu, 24 Apr 2008
Superstitious, religious overtones lure RI consumers
Quote:- Prefer immediate benefits- Do not have long-term plans- Like to spend time with friends and relatives- Slow in adapting to technology- Prefer context to content- Like foreign brands- Attracted to the religious and superstitious- Like to show off- Have strong subcultural influences-...
Thu, 24 Apr 2008
Superstitious, religious overtones lure RI consumers
Products with superstitious, religious and luxury overtones are the most appealing to Indonesian consumers, a marketing survey shows."Indonesians like simple and entertaining things rather than complicated things that make them think hard," said Handi Irawan, chairman of marketing and research firm...
Thu, 24 Apr 2008
R&D expo to strengthen business competition
The Industry Ministry and the private sector will jointly organize the nation's first research and development expo next week to promote use of R&D in industry and strengthen competition.Head of standardization at the ministry's R&D agency, M.
Thu, 24 Apr 2008
Agency to audit groundwater use by businesses
The city mining agency will soon audit businesses that use both groundwater and tap water, agency head Peni Susanti said Wednesday.She said 3,655 businesses held agency-issued permits to use groundwater, 70 percent of which also had artesian wells.
Thu, 24 Apr 2008
RI climate turns Fonterra off investing in dairy facilities
New Zealand-based milk producer Fonterra Group says it is unlikely to invest in processing facilities in Indonesia as the climate and environmental conditions are less than ideal for breeding cows and milk of its desired standards.
Thu, 24 Apr 2008
Foreign insurance firms eye expansion
Five insurance companies from France, Singapore, the United Kingdom, Italy and Malaysia are seeking local partners to tap the increasingly lucrative Indonesian life insurance industry, an insurance association says.
Thu, 24 Apr 2008
Apindo demands fiscal certainty
Aditya Suharmoko, The Jakarta Post, JakartaBusiness players have demanded the government immediately provide certainty on its fiscal policy as they struggle to formulate business plans amid global market pressures.
Thu, 24 Apr 2008
Indonesian consumer demand to support economy against global slowdown - IMF
Jakarta (ANTARA News) - Strong domestic consumer demand is expected to drive Indonesia's economy this year and steer it away from the worst impact of a global economic slowdown, an official of the International Monetary Fund (IMF) said on Wednesday.
Thu, 24 Apr 2008
Indonesia self-sufficient in chicken meat, eggs but industry not progressing
Solo, Central Java (ANTARA News) - Indonesia has been self-sufficient in chicken meat and eggs for years but the domestic poultry industry is not making progress, Agriculture Minister Anton Apriyantono said.
Wed, 23 Apr 2008
Continuing strong growth for cement industry amid cost fears
Andhika Suryadharma, AnalystIndonesia's domestic consumption for cement rose 17 percent to 8.7 million tons in the first quarter of 2008, marking the highest first quarter growth since 2002.Evidently, this was made possible with a 25 percent growth in outer Java consumption and an 11 percent growth...
Wed, 23 Apr 2008
Govt to starts verifying oil palm commodities shipments
The Trade Ministry will start verifying all domestic shipments of oil palm commodities on April 24, Ardiansyah Parman, the director general of domestic trade, said Tuesday.The main purpose of the verifications is to curb the smuggling of oil palm commodities, he said, and the verification will only...
Wed, 23 Apr 2008
SBY asks Brunei to invest more in Indonesia
Indonesia and Brunei Darussalam agreed to enhance cooperation in culture, trade, defense and energy after a meeting between President Susilo Bambang Yudhoyono and Sultan of Brunei Hassanal Bolkiah here on Tuesday.
Wed, 23 Apr 2008
Inti Kapuas to buy more oil palm plantations
Jakarta (ANTARA News/Asia Pulse) - PT Inti Kapuas Arowana said it has set aside US$120 million to acquire more oil palm plantations.Earlier Inti Kapuas signed an agreement for the acquisition of the palm plantations of PT Dendymarker Indahlestari and PT Anam Koto at a price of US$80 million from...
Wed, 23 Apr 2008
India`s Binani in talks to buy Indonesian coal mine for $100 mln
Mumbai (ANTARA News/Thomson Financial) - India's Binani group is in advanced talks with Indonesia's largest coal producer PT Berau to buy a coal mine for more than 4 billion rupees (about $100 million), the Economic Times reported citing sources close to the development.
Wed, 23 Apr 2008
Krakatau to build integrated steel plant in S Kalimantan
Jakarta (ANTARA News) - State steel maker PT Krakatau Steel plans to build an integrated steel plant in South Kalimantan at a total cost of US$600 million to meet demand for ingot steel."In the first phase of the project we will build a billet plant in South Kalimantan," PT Krakatau Steel President...
Wed, 23 Apr 2008
RI`s economy under threat of high external inflation: economist
Jakarta (ANTARA News) - The Indonesian economy is expected to be under a threat of high external inflation this year due to a surge in the global crude and food prices, an economist said.The threat had been noticeable now following a recent increase in the prices of several food commodities in the...
Tue, 22 Apr 2008
Banks still avoid textile, property sectors: BI
Aditya Suharmoko, The Jakarta Post/Jakarta Despite healthy growth in bank lending during the first quarter this year, Indonesian banks have been reluctant to lend to the process manufacturing industry and property sector, a BI survey says.
Tue, 22 Apr 2008
Crude price hikes affect investment in RI, BKPM says
Jakarta (ANTARA News) - The crude price hike which happened to reach US$117 per barrel is expected to discourage investors to realize their investments in Indonesia, investment agency chief said."Investors will recalculate their investments if prices are now surging," Capital Investment...
Tue, 22 Apr 2008
S'pore businesses ask Jakarta to improve roads, bureaucracy
The Singapore Chinese Chamber of Commerce and Industry (SCCCI) aired complaints Monday to the Jakarta administration regarding business hurdles it faced in the capital.Jakarta Governor Fauzi Bowo said the organization was concerned about frequent floods and chronic traffic jams that had disrupted...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Originally Posted By: Capt. Mainwaring Originally Posted By: viperaberushitamWhat will this development mean for the cigarette production of Indonesia............will "He" still be able to do fastcigarettes? I suppose that the lack of good secondhand "stop talking like a complete cunt"...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Originally Posted By: viperaberushitamWhat will this development mean for the cigarette production of Indonesia............will "He" still be able to do fastcigarettes? I suppose that the lack of good secondhand "stop talking like a complete cunt" equipment may prevent some of your posts...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Jakarta (ANTARA News) - The Indonesian government will stop importing used machines starting on January 1, 2009 to boost the development of the engineering industry in the country."The government`s policy on used machinery imports will be reviewed.
Mon, 21 Apr 2008
Singapore third biggest trade partner of RI: Envoy
Singapore (ANTARA News) - Singapore is Indonesia`s third biggest trade partner after Japan and the United States, Indonesian Ambassador to Singapore Wardana, said here Saturday."Our exports to Singapore is the third biggest after those to Japan and the United States.